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I don't like to disagree with TMFPixy but I understood pshaffer at 48 to be talking about pre-59 1/2. I thought that once you chose your payout amount there could be no change in that amount until 59 1/2 no matter how much your portfilio grows with the exception of maybe cost of living. Unless the rules changed for 72(t) withdrawals the last few weeks and I missed it, the withdrawal percentage and amount has to stay the same till 59 1/2. If not, please let me know how I would change it without penalties and without a visit from the Retirement Police.


Indeed I am speaking of prior to 59.5. Like now.

From what I understand at the moment, it is correct that you have to withdraw a certain amount constantly until 59.5 TO AVOID A PENALTY. It may be worthwhile to take the penalty to get the additional $. I also have a question about the mechanism of this, as it would seem to me that there might be a loophole to allow changes in the event of major changes in the value of the funds, in the event of illness, etc. In my case, I have about 4 funds and I wonder if I can use one at a time. I wonder if I can roll part of one to an IRA, etc. ATTORNEYS ARE WORKING AT THIS TIME! Results will be in soon and I will inform all.
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